Ad ID: 60464 Inactive

Motel for Sale Marlborough

South Island gateway lifestyle and investment


Business for Sale Description

Motel for Sale Marlborough

Asure Jasmine Court Motel is a beautifully designed modern motel with loads of 'street appeal'. Located in the thriving seaside town of Picton in the world famous Marlborough Sounds, Jasmine Court offers modern, spacious and very comfortable accommodation in the heart of Picton.

Reasons to buy this property

Qualmark 4 star plus

Rated #3 out of 17 on Trip Advisor

Broad range of units

Conveniently located

30 year lease tenure


The complex has 19 units offering a range of units, ample guest parking and secure motorbike storage. The units comprise:

3 * 1 bedrooms

2 * 2 bedrooms

12 * studios

2 * apartment style studios with full laundry facilities

The owner's accommodation is a 3 bedroom residence with lounge, kitchen and 1 bedroom with bathroom on the ground level and 2 bedrooms and a bathroom upstairs.

Business opportunity

Currently successfully run by a manager and with gross revenue on an upward trend, the landlord has decided to sell a 30 year lease, with the opportunity for a new motivated owner to build the business and leverage off the growth in tourism that NZ is currently and projected to experience.


​Jasmin Court Motel is situated close to the Picton waterfront, inter island ferry terminal and railway station. Across the road is a major supermarket for guests' convenience and a short stroll to Picton's cafes, bars and restaurants.

Picton is the starting point for explorations of the Marlborough Sounds and the gateway to the South Island of NZ. Picton is also a convenient stopping off point for travelers leaving and arriving on the popular Interisland ferry. The ferry operates between Wellington (NZ’s capital city) and Picton and carries an estimated 1 million passengers annually.

Reference: EL00601

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